Query: recent personal debt figures?

Diane Monaco dmonaco at pop3.utoledo.edu
Thu Mar 13 18:36:41 PST 2003


At 06:34 PM 3/13/2003 -0500, you wrote:
>Diane Monaco wrote:
>
>>Can someone possibly direct me to more recent "personal debt" (credit
>>card, consumer/auto loans) figures for the US, which must be 1-2 trillion
>>(US$) by now? I believe I read a Fed brief/memo on personal debt some
>>time ago, but after a search of the FRED database, only percentage values
>>of one sort or another appeared. Regional time-series data on personal
>>debt would also be useful.
>
>I don't think regional series exist, though you might be able to get them
>out of the Survey of Consumer Finances raw data. Historical nonmortgage
>debt is reported at <http://www.federalreserve.gov/releases/g19/hist/>.
>The latest is about $1.7 trillion. You can get the whole picture via the
>flow of funds accounts <http://www.federalreserve.gov/releases/Z1/>. The
>historical flow of funds data is voluminous and complex (I should say
>"are," since the Fed treats data as plural), but if you're looking just
>for recent numbers, get the latest release in PDF form.
>
>Doug

Thanks Doug -- I'm really impressed with the extent of your culture and economics/politics knowledge. And I must confess that you inspire me to continue with my studies/readings -- as an economist -- of the post-structuralist theorists and postmodern fiction writers in preparation for an interdisciplinary course on postmodernism that I teach and apparently will be teaching annually. Some favorites so far: Jean-Francois Lyotard, Donna Haraway, William S. Burroughs, Allen Ginsberg, Toni Morrison, and Kathy Acker. Most over-rated post-structuralist who continually expounds an obvious relationship between knowledge and power in a series of historical studies on institutions: Michel Foucault. Still undecided about Jean Baudrillard. Thanks again.

Regards,

Diane



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